MUMBAI (Reuters) - Shares in Jet Airways Ltd
India's Foreign Investment Promotion Board (FIPB) on Friday asked for more details on "effective control" and ownership of the Indian carrier post the stake sale.
Abu Dhabi's Etihad agreed in April to acquire a 24 percent stake in Jet Airways for $370 million -- becoming the first overseas operator to invest in an Indian airline since ownership rules were relaxed.
At 12:39 p.m., Jet shares were trading at 438.35 rupees, down around 6.8 percent.
(Reporting by Himank Sharma; Editing by Supriya Kurane)